The current macroeconomic environment is forming a pattern that is favorable for the stable rise of Bitcoin.
In the past week, the negative news caused by the geopolitical tensions between Israel and Iran has only had a brief impact on the price of Bitcoin. It is noteworthy that even with the U.S. market closed over the weekend, Bitcoin has remained relatively stable around $105,000, demonstrating strong resilience against declines. On the technical front, the market performance over the past three days has been particularly critical—Bitcoin has firmly found support at the $104,000 level on the daily chart, which sends a clear signal of market bottom confirmation. From a medium to long-term perspective, Bitcoin is likely to exhibit oscillating rise as its main characteristic. The current trend cycle is expected to last until the end of the year, although fluctuations and adjustments may occur during this period, the overall direction remains positive. It is worth mentioning that the fundamental reason behind this macro trend is the change in the global economic environment and investor sentiment, which is enhancing the attractiveness of Bitcoin as an asset class. Investors may consider positioning themselves early to seize market momentum, rather than waiting for clearer market conditions before making decisions.
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The current macroeconomic environment is forming a pattern that is favorable for the stable rise of Bitcoin.
In the past week, the negative news caused by the geopolitical tensions between Israel and Iran has only had a brief impact on the price of Bitcoin. It is noteworthy that even with the U.S. market closed over the weekend, Bitcoin has remained relatively stable around $105,000, demonstrating strong resilience against declines.
On the technical front, the market performance over the past three days has been particularly critical—Bitcoin has firmly found support at the $104,000 level on the daily chart, which sends a clear signal of market bottom confirmation.
From a medium to long-term perspective, Bitcoin is likely to exhibit oscillating rise as its main characteristic. The current trend cycle is expected to last until the end of the year, although fluctuations and adjustments may occur during this period, the overall direction remains positive.
It is worth mentioning that the fundamental reason behind this macro trend is the change in the global economic environment and investor sentiment, which is enhancing the attractiveness of Bitcoin as an asset class. Investors may consider positioning themselves early to seize market momentum, rather than waiting for clearer market conditions before making decisions.